NorthWestern Energy reports GAAP diluted earnings per share of $3.06 for 2020,
affirms 2021 earnings guidance and announces a 3.3% increase to the quarterly dividend -
to $0.62 per share - payable March 31, 2021
Brian Bird to become company’s president and chief operating officer;
Bob Rowe to remain chief executive officer; Crystal Lail to become chief financial officer; Jeanne Vold to become vice president – technology. Dana Dykhouse to become Board Chair following retirement of Stephen Adik and Julia Johnson after the 2021 annual meeting of shareholders.
Roaring speeds meant little wind energy in Montana Jan. 13
Date:Jan 18, 2021
The windstorm that ripped across Montana Jan. 13 is an example of that challenge. Gusts ranged from about 65 miles per hour to more than 90 miles per hour across the state, forcing wind turbines to shut down.
NorthWestern Energy installing electric vehicle charging stations in Mitchell and Chamberlain
Date:Dec 11, 2020
NorthWestern Energy is excited to be announced as a rebate recipient from the South Dakota Department of Environment and Natural Resources Volkswagen Mitigation Trust Fund to help purchase and install electric vehicle charging stations in South Dakota.
NorthWestern Energy purchase of Puget Sound Energy’s share of Colstrip Unit 4 terminated
Date:Oct 29, 2020
After evaluating recent Montana regulatory decisions regarding Colstrip, NorthWestern Energy has agreed with Puget Sound Energy to terminate the transaction to buy 92.5 megawatts of capacity generation at Colstrip Unit 4
NorthWestern Energy adding electric vehicles to company’s 1,200 fleet
Date:Oct 22, 2020
By 2030, NorthWestern Energy will replace 30% of light-duty class vehicles, about 100 cars and light trucks, with battery electric vehicles and plug-in electric hybrids.
NorthWestern Energy will begin replacing vehicles and equipment at the end of its life with electric alternatives in 2021. By 2030, 20% of new medium and heavy-duty vehicles and 30% of new bucket trucks will be electric vehicles. All new forklifts replacements will be electric by 2030.
NorthWestern Reports Third Quarter 2020 Financial Results
Date:Oct 21, 2020
NorthWestern Energy reports GAAP diluted earnings per share of $0.58 for the quarter, affirms previously
revised 2020 earnings guidance and announces a $0.60 per share quarterly dividend payable
December 31, 2020
NorthWestern to Host Third Quarter 2020 Financial Results Conference Call and Webcast
Date:Oct 5, 2020
Eastern time to review its financial results for the quarter ending September 30, 2020. The Company also plans to issue a news release detailing its third quarter financial results the evening of October 21, 2020, after market close.
NorthWestern Reports Second Quarter 2020 Financial Results
Date:Jul 28, 2020
NorthWestern Energy reports diluted earnings per share of $0.43 for the quarter, affirms previously revised
earnings guidance and announces a $0.60 per share quarterly dividend payable September 30,
NorthWestern to Host Second Quarter 2020 Financial Results Conference Call and Webcast
Date:Jul 6, 2020
Eastern time to review its financial results for the quarter ending June 30, 2020. The Company also plans to issue a news release detailing its second quarter financial results the evening of July 28, 2020, after the NYSE close.
NorthWestern Energy issues RFP for short-term capacity in Montana
Date:Jun 27, 2020
NorthWestern Energy has issued a Short Term Capacity Request for Proposals today, to seek to purchase capacity and energy beginning in the summer or fall of 2020 from resources that are currently in operation and capable of providing the capacity and energy products.
NorthWestern Energy donates another $100,000 to COVID-19 crisis relief
Date:May 21, 2020
NorthWestern Energy’s aid will provide grants in the form of energy bill credits for some of our small business customers as they weather the months-long severe impact of communities working to slow the spread of COVID-19.
NorthWestern Energy begins construction in July on $84 million, 58-megawatt natural gas-fired generation plant near Huron, SD
Date:May 12, 2020
Reciprocating internal combustion engine technology will replace the existing natural gas/diesel fuel-fired combustion turbines at the Huron Generating Station. The reciprocating engines are more efficient and use selective catalytic reduction and oxidation catalyst to control emissions.
NorthWestern Energy notifies Montana Public Service Commission of Talen Energy’s intent to exercise its right of first refusal for Colstrip transaction
Date:Apr 10, 2020
If Talen Energy is able to purchase a portion of Puget’s Unit 4 interest, it means NorthWestern Energy would acquire at a minimum half of Puget Sound Energy’s interest in Colstrip Unit 4, 92.5 megawatts instead of 185 megawatts, half of all the costs, and the purchase price is now $0.50.
NorthWestern Energy's Response to COVID-19 and Announces Entry into $100 Million 364-Day Term Loan
Date:Apr 6, 2020
As a precautionary measure in order to increase our cash position and preserve financial flexibility in light of current uncertainty in the markets resulting from the COVID-19 outbreak, we recently entered into a $100 million 364-day term loan with two of our relationship banks.